A Land Lease is a low risk-low revenue Commercial Arrangement where the LA retains little control over the resulting service by leasing land it owns to a service provider.
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A Land Lease is a low risk-low revenue Commercial Arrangement where the LA retains little control over the resulting service by leasing land it owns to a service provider. This is the least involved option for the LA.
The LA offers land holdings which may be suitable for EV charging and leases them to a service provider. All capital and operational costs are covered by the service provider who also retains the risk and responsibility associated with installation, maintenance, and asset utilisation.
Since a ‘Lease’ is just an interest in the property, the party leasing the land has a grant of possession of the land for a definite period and for a definite payment arrangement. Consequently, the LA has no control over the eventual EVI that is deployed.
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